PAGA Fund definition

PAGA Fund means the sum equal to exactly Twenty-Five (25%) of the PAGA Settlement Amount that will be paid to all PAGA Employees.
Sample 1
PAGA Fund means seventy-two thousand five hundred dollars ($72,500) of the Total Settlement Amount that is attributed to the settlement of the PAGA claims. Seventy-five percent (75%) of the PAGA Fund, or fifty-four thousand three hundred and seventy-five dollars ($54,375) shall be paid to the California Labor and Workforce Development Agency and twenty- five percent (25%), or eighteen thousand one hundred and twenty-five dollars ($18,125) of the PAGA Fund shall as set forth in Section 9.4 below.
Sample 1
PAGA Fund means the gross amount of Two Hundred Thousand dollars ($200,000)
Sample 1Sample 2

Examples of PAGA Fund in a sentence

  • Any unclaimed amounts from the Gross Settlement Amount, including but not limited to Individual Settlement Shares and PAGA Fund Shares that remain uncashed after 180 days and any unclaimed settlement funds, shall be paid in the form of a donation to The Boys and Girls Clubs of Coachella Valley, a 501(c)(3) tax-exempt non-profit organization.

  • Participating Class Members and PAGA Employees must cash or deposit their Individual Settlement Share checks and/or their PAGA Fund Share checks within one hundred and eighty (180) calendar days after the checks are mailed to them.

  • Of that amount, the Settlement Administrator will pay seventy-five percent (75%), or Seven Thousand Five Hundred Dollars and Zero Cents ($7,500.00), to the LWDA and twenty-five percent (25%), or Two Thousand Five Hundred Dollars and Zero Cents ($2,500.00), will be in the PAGA Fund for distribution to PAGA Employees.

  • The PAGA Fund is allocated to each PAGA Employee based on the number of weeks worked by each PAGA Employee during the period of November 30, 2017 to [date of Preliminary Approval].

  • The amount to be paid per workweek worked by a PAGA Employee will be calculated on a pro rata basis by dividing the value of the portion of the PAGA Fund that will be paid to each PAGA Employee by the total number of weeks worked by all PAGA Employees during the PAGA Period.

  • PAGA Employees are not required to submit a claim form to receive their share of the PAGA Fund pursuant to this Agreement.

  • The amount to be paid per workweek employed by a PAGA Employee will be calculated on a pro rata basis by dividing the value of the portion of the PAGA Fund that will be paid to each PAGA Employee by the total number of weeks employed by all PAGA Employees during the PAGA Released Period.

  • No portion of the PAGA Fund will revert to or be retained by Defendant.

  • The Parties agree that the Individual Settlement Shares and PAGA Fund are not additional compensation for purposes of calculating the “regular rate” of pay under California or federal law for the period during which it is received, and no additional compensation is required as a result of such payment.

  • Accordingly, your estimated payment from the PAGA Fund is approximately $ .


More Definitions of PAGA Fund

PAGA Fund means thirty thousand dollars ($30,000) of the Maximum Gross Settlement Amount that is attributed to the settlement of the PAGA claims.
Sample 1
PAGA Fund means the Total Settlement Payment, less Plaintiff’s Counsel
Sample 1

Related to PAGA Fund

  • Sub-Fund means a segregated pool of assets and liabilities into which the Trust Fund is divided, established under the Trust Deed and the relevant supplemental deed as a separate trust as described in the relevant Appendix.

  • Enterprise Fund means the enterprise fund of the Recipient in which Revenues are deposited.

  • Fund means any Person (other than a natural person) that is (or will be) engaged in making, purchasing, holding or otherwise investing in commercial loans and similar extensions of credit in the ordinary course of its business.

  • Revenue Fund means the fund so designated in, and created pursuant to, Section 502 hereof.

  • Pooled Fund means any pooled fund established and maintained by the Partners as a pooled fund in accordance with the Regulations;

  • Investment Fund has the same meaning as in National Instrument 81-106 Investment Fund Continuous Disclosure;

  • Infrastructure fund means the renewable fuel infrastructure fund created in section 159A.16.

  • Public fund means the state treasurer or a retirement system.

  • Loan Fund means the special fund created by the RECIPIENT for the repayment of the principal of and interest on the loan. “Loan Security” means the mechanism by which the RECIPIENT pledges to repay the loan.

  • Program fund means the program fund established under section 12D.4.

  • Private Fund means an issuer that would be an investment company as defined in section 3 of the Investment Company Act of 1940 but for Section 3(c)(1) or 3(c)(7) of that Act.

  • State Fund means a component of the Settlement Fund described in subsection VIII.D.

  • Endowment fund means an institutional fund or part thereof that, under the terms of a gift instrument, is not wholly expendable by the institution on a current basis. The term does not include assets that an institution designates as an endowment fund for its own use.

  • Joint Venture Investment means, with respect to any Obligor, any Investment by such Obligor in a joint venture or other investment vehicle in the form of a capital investment, loan or other commitment in or to such joint venture or other investment vehicle pursuant to which such Obligor may be required to provide contributions, investments, or financing to such joint venture or other investment vehicle and which Investment the Borrower has designated as a “Joint Venture Investment”.

  • Provident Fund means any fund (other than a pension fund, benefit fund or retirement annuity fund) which is approved by the Minister in respect of the year of assessment in question: Provided that the Minister may approve a fund subject to such limitations or conditions as he or she may determine, and shall not approve a fund in respect of any year of assessment unless he or she is in respect of that year of assessment satisfied -

  • Local fund means any of the local retirement funds for

  • Mutual Fund or “Fund” or “UTIMF” means UTI Mutual Fund, a Trust under the Indian Trust Act, 1882 registered with SEBI under registration number MF/048/03/01 dated January 14, 2003.

  • New Fund means each of the series portfolios of the Trust, one of which shall correspond to one of the Current Funds as shown on Schedule A.

  • Venture capital fund means a private fund that meets the definition of a venture capital fund in SEC Rule 203(l)-1, 17 C.F.R. § 275.203(l)-1.

  • Fund Assets means the net assets of the Fund managed by the Subadviser for which the fee is being calculated;

  • Community Contribution Company means a corporation formed under the laws of British Columbia that includes in its articles the following statement:

  • Managed Fund means those Funds, individually and collectively, for which the Portfolio Manager makes buy and sell decisions.

  • Special Fund means any fund other than the city general fund.

  • Investment Project means an investment in qualified buildings

  • Master Fund means a registered investment company or a series thereof in which the Trust or a Series, as applicable, invests all or substantially all of its assets pursuant to a master/feeder fund structure as described in Section 8.3(c);

  • Feeder Fund means a Sub-Fund which invests all or substantially all of its assets in securities which are units or sub-units in a unit trust scheme or participations in a mutual fund or other interests in a collective investment scheme which is managed or advised by the Managers or any Associate of the Managers and whose investment policy is the same or substantially the same as such Sub-Fund.